Broadreach To Raise Third Fund

By Sharon Simonson Broadreach Capital Partners, the Palo Alto real estate investment company founded in 2002 by former executives of the hugely successful Spieker Properties Inc., intends to raise a...

Bay Area Real Estate ‘Legend’ Bill Wilson Says Opportunity Will Come

By Sharon Simonson Hold on and raise money. Such is the advice to his fellows in the commercial real estate industry from William “Bill” Wilson III, one of the most influential...

Apartments Prove Anchor in the Storm

By Sharon Simonson Investor demand for large, institutional quality apartments in the core Bay Area is outstripping supply, pushing capitalization rates below 6.5 percent from closer to 7 percent less...

Palo Alto Developer Losing $340 Million Bet With CalPERS Money

By Sharon Simonson Palo Alto developer Page Mill Properties and CalPERS, its equity partner, may lose control of more than 1,700 apartments acquired since 2006 as part of a more...

Court Receiver Takes Control of Page Mill Properties

By Sharon Simonson A San Mateo County Superior Court has appointed a Pacific Palisades real estate company to act as receiver in the management of 1,800 apartments in East Palo...

Finalists For NASA Development To Be Announced

Four teams seek master developer status for $900 million campus By Sharon Simonson Four large, well-known development teams with a span of experience creating master-planned communities have responded to a request...

San Francisco Contractor Completes $5 Million of Work on Pier

By Sharon Simonson The ongoing renovation of San Francisco’s 100-year-old Pier 40 has taken one step closer to completion. General contractor BCCI Construction said July 14 that it has finished the...

Office Market Tumble Accelerating

The rate at which vacancy is climbing doubled in the first half compared to 2008 By Sharon Simonson Nearly 40 million square feet of office space is vacant in the San...

Stimulus Money to Bring $1 Billion for California Affordable Housing by Year End

But Bay Area captured little in first funding round  By Sharon Simonson A logjam that has stalled new affordable housing projects statewide is easing, bringing hope to the devastated construction sector...

Pinebrook West & Kerley Drive Sell

By Sharon Simonson Two medium-sized apartment complexes in San Jose and Fremont have sold, according to brokerage CB Richard Ellis Group Inc. Pinebrook West, a 30-unit development at 35955 Fremont Blvd....